Record Powerball jackpot reaches $900 million hours before drawing

(AP Photo/Steve Helber)

DES MOINES, Iowa (AP) —

10:10 a.m.

The Powerball jackpot has increased to $900 million just hours before the drawing.

The drawing will be held at 10:59 p.m. EST Saturday.

Lottery officials say a winner would have the option of being paid $900 million through annual payments over 29 years or opting for a $558 million lump-sum cash payout.

Sales for the lottery game have skyrocketed since Wednesday, when no one won an estimated $500 million jackpot.

Officials say that if no one wins on Saturday, the next jackpot will be $1.3 billion.

 

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